Crypto Media

FTX has paid out more than $670 million to consultants and lawyers since the start of bankruptcy Cryptocurrency exchange FTX has paid out a total of $672.5 million in commissions to lawyers, consultants and new management since November 2022. According to one affected investor's prediction, the total cost will exceed $1 billion before customers and creditors are even compensated. 📌 Share and Join 🌕 @Crypto_Medias

Telegram Wallet announced a change of service provider Cryptocurrency wallet Telegram Wallet has notified users of the need to update their data. As of May 30, WOT Global Solution Ltd will become the application's new service provider - the firm will have full access to users' personal data, including name, address, phone number, transaction data and more. Users have until June 3, 2024 to update their personal data in the service. Otherwise, they will lose access to all features except withdrawals. 📌 Share and Join 🌕 @Crypto_Medias

Are crypto transactions anonymous? Crypto transactions on blockchains are “pseudonymous,” meaning they can be traced to wallet addresses (via public keys) but have no direct connection with people’s identities. Every transaction is open to the public, and anyone with an internet connection can view them. The date, the amount sent and received, the wallet addresses — all of this data is impossible to conceal. However, if you use a non-custodial wallet, it will be impossible to identify you as the wallet’s owner (unless you deanonymize yourself). For example, if you send crypto from a centralized exchange to your non-custodial wallet, the exchange now knows who the non-custodial wallet belongs to since you must pass Know Your Customer requirements by showing your ID. Therefore, if you practice the basics, you can be completely anonymous on the blockchain, and no one will ever know your personal information. 📌 Share and Join 🌕 @Crypto_Medias

💡💡💡: Healthcare company Semler Scientific buys 581 Bitcoin worth $40 million. The company has also adopted Bitcoin as its primary treasury reserve asset. 📌 Share and Join 🌕 @Crypto_Medias

Bitcoin Criticism: Bitcoin is a bubble We decided to break down the main arguments behind Bitcoin’s criticism (we’ll be doing this all week), and we’ll start with one of the most popular statements: Bitcoin is a bubble. Let’s break down what can be called a “bubble.” A bubble can only be inflated once, such as the inflated bubble of “tulip mania” in 1636. A burst balloon cannot be re-inflated, and if the bullish rise of 2017 was a bubble, how did Bitcoin recover and surpass that high in 2021? It’s true that cryptocurrencies are volatile, but this market should be evaluated over wide stretches of time. 2014 and 2018 were the only years when Bitcoin’s price was lower at the end of the year than it was at the beginning. If you zoom out and look at long-term average indicators, Bitcoin’s appreciation is consistent. The monthly price has never closed below its 200-day weekly moving average. 📌 Share and Join 🌕 @Crypto_Medias

Bitcoin is increasingly seen as a store of value rather than a trading asset. Do you keep your savings in Bitcoin? 👍 - Yes, I’m keeping it for the long term ❤️‍🔥 - For now I’m just trading it, I don’t store anything in the cue ball 🗿 - Do you need to put something aside into savings? 📌 Share and Join 🌕 @Crypto_Medias

The SpaceX automatic quantification system can automatically search for the lowest selling price of digital currencies on major exchanges such as BTC, ETH, USDT, etc., and quickly purchase them in seconds. 1. USDT is quantified, and fund deposits and withdrawals arrive automatically. 2. Quantitative VIP1-VIP10, quantitative income 19%-40% 3. Multi-currency intelligent investment income of 15%-28% 4. Quantification is reset once every 24 hours, and each person can participate in quantitative trading gains once a day. 5. Promote quantitative trading and three-level agents (13% reward for A, 3% reward for B, 2% reward for C = 18% reward) 24-hour uninterrupted data collection, no manual observation of market conditions, efficient and stable profits. This is the SpaceX xAI automated quantification system. Telegram customer service: https://t.me/Spacex_XAI SpaceX xAI official website: https://sp-xai.com Member registration link: https://sp-xai.com/#/register?i=753234

💡💡💡: 🇺🇸 Donald Trump says he is "very positive and open minded to cryptocurrency companies." "Our country must be the leader in the field." 📌 Share and Join 🌕 @Crypto_Medias

Crypto Speak: Zombie coins It is not hard to guess that we are talking about “dead” coins, where there is no longer any development, active community, or hopes for a bright future 🙂 The UST stablecoin from the collapsed Terra blockchain, by the way, is one of the “scariest” examples of zombie coins. When it died, it buried a huge amount of its investors’ money with it. But you have never heard of most zombie coins and never will: They are usually born and die in silence, known only to a very small circle of people 😀 📌 Share and Join 🌕 @Crypto_Medias

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